Oireachtas Joint and Select Committees
Tuesday, 29 November 2022
Joint Oireachtas Committee on Transport, Tourism and Sport
Motorway Toll Charges: Transport Infrastructure Ireland
Darren O'Rourke (Meath East, Sinn Fein) | Oireachtas source
There is an argument that the PPP model is not a good one. There are arguments in its favour, including that it is off-balance sheet and becomes the responsibility of the private sector. However, the other perspective is that we pay more in the long term and there are significant returns. No one will argue against funding the essential maintenance of our road network. Debt repayment is an obligation, but many of these companies report significant healthy profits on an annual basis. Does the TII know how much essential maintenance and debt repayment cost and how much shareholders receive in dividends?
No comments